INTEST CORP·4

Mar 10, 7:04 PM ET

Rogoff Richard B. 4

Research Summary

AI-generated summary

Updated

InTest (INTT) Div. President Richard Rogoff Sells 291 Shares

What Happened

  • Richard B. Rogoff, Division President, Environmental Technology at InTest (INTT), had a total of 291 shares disposed as tax withholding related to the vesting of restricted stock. The filings show 172 shares withheld on 2026-03-06 at $13.24 ($2,277) and 119 shares withheld on 2026-03-08 at $13.24 ($1,576), for a combined value of approximately $3,853.
  • This is a routine withholding sale to cover tax liabilities on vested restricted shares (transaction code F), not an open-market sale driven by investment choice.

Key Details

  • Transaction dates and prices:
    • 2026-03-06: 172 shares @ $13.24 = $2,277 (withheld)
    • 2026-03-08: 119 shares @ $13.24 = $1,576 (withheld)
  • Total shares withheld/disposed: 291; total value ≈ $3,853.
  • Shares owned after the transactions: not specified in the provided excerpt of the filing.
  • Footnotes: F1 confirms shares were withheld to cover tax withholding on vesting of restricted stock. Additional footnotes (F2–F7) in the filing list vesting schedules for various restricted stock units and options (four-year vesting schedules commencing on various dates).
  • Filing date: 2026-03-10 for transactions occurring 2026-03-06 and 2026-03-08 — filing appears timely (within the Form 4 two-business-day window).

Context

  • Transaction code F means the shares were surrendered/withheld to satisfy tax withholding on vesting — a common administrative action that generally does not signal the insider's view on the stock.
  • For retail investors, routine withholding or vesting-related dispositions are less informative than open-market purchases by insiders; treat this as tax-related, not a disclosure of bullish/bearish sentiment.